sky trust
n.— «Carbon capping comes in three varieties: cap-and-trade, cap-and-auction, and cap-and-recycle.…In cap-and-recycle, permits are also sold, not given away free. However, the revenue doesn’t go to the government—it goes to all of us, one person, one share. The model here is the Alaska Permanent Fund, which pays equal dividends to all Alaskans from state oil income. This kind of cap is sometimes called a sky trust.» —“Carbon Capping: Let’s Do it Right!” by Peter Barnes Step It Up Sept. 11, 2007. (source: Double-Tongued Dictionary)
Further reading
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